ALERT – THE CORPORATE TRANSPARENCY ACT (CTA) – AN UPDATE

Referencing our alert, The Corporate Transparency Act (CTA): What Your Business Needs to Know for 2024 – Dilworth Paxson LLP, the Financial Crimes Enforcement Network (FinCEN) issued a press release on September 19, 2024 announcing that it has included a toolkit for small businesses on its resources page.  The press release can be found at FinCEN Publishes Beneficial Ownership Reporting Outreach and Education Toolkit | FinCEN.gov and the toolkit at Beneficial Ownership Reporting Outreach and Education Toolkit | FinCEN.gov.

We are poised to assist with your reporting compliance, to determine if a statutory exemption is available for your business, and to respond to other CTA-related questions. Please contact your Dilworth attorney or Graham R. Laub, Rosemary J. Loverdi, Roger F. Wood, or Andrea N. Metz of Dilworth Paxson LLP’s Corporate and Business practice.